Business Checking

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Small Business Checking

  • $5 monthly service fee
  • Offset service charges with earnings credit on average collected balances of $5,000 or more
  • Up to 30 transit checks and 20 debits per statement cycle free; 15¢ per transaction thereafter
  • Online banking and bill pay available
  • Free eStatements
  • Business debit card available
  • Overdraft protection and business line of credit available*
  • $50 minimum deposit to open

*Credit approval required, fees may apply.

 


 

Low Volume Business Checking

  • $20 monthly service fee
  • Offset service charges with earnings credit on average collected balances of $5,000 or more
  • Up to 100 transit checks and 50 debits per statement cycle free; 13¢ per transaction thereafter
  • Online banking and bill pay available
  • Free eStatements
  • Business debit card available
  • Overdraft protection and business line of credit available*
  • $50 minimum deposit to open

*Credit approval required, fees may apply.

 


 

Mid Volume Business Checking

  • $30 monthly service fee
  • Offset service charges with earnings credit on average collected balances of $5,000 or more
  • Up to 175 transit checks and 75 debits per statement cycle free; 12¢ per transaction thereafter
  • Online banking and bill pay available
  • Free eStatements
  • Business debit card available
  • Overdraft protection and business line of credit available*
  • $50 minimum deposit to open

*Credit approval required, fees may apply.

 


 

High Volume Business Checking

  • $60 monthly service fee
  • Offset service charges with earnings credit on average collected balances of $5,000 or more
  • Up to 450 transit checks and 100 debits per statement cycle free; 10¢ per transaction thereafter
  • Online banking and bill pay available
  • Free eStatements
  • Free telephone banking
  • Business debit card available
  • Overdraft protection and business line of credit available*
  • $50 minimum deposit to open

*Credit approval required, fees may apply.

**Credit approval required, fees may apply.

 


 

Mission IOLTA Now

  • Generate funds to provide civil legal services for the poor
  • Available at no cost to you, your clients, or the public
  • Nominal interest is pooled to fund these services rather than go toward a monthly service fee
  • No minimum balance to earn interest
  • Interest earned is paid to Michigan State Bar Foundation
  • Online banking and bill pay available
  • Free eStatements
  • $50 minimum deposit to open

 


 

Mission Commercial Money Market

  • Competitive tiered interest, rewarding larger balances with higher rates
    • Interest compounded and paid monthly
  • Better rates than regular savings
  • Enjoy flexibility with enhanced access to funds
  • Avoid the $10 monthly service fee by maintaining:
    • $10,000 minimum daily balance, OR
    • $10,000 in OMB related account balances
  • Maintain access to funds via checks
  • Online banking and bill pay available
  • Free eStatements
  • Maximize interest; free sweep from business checking or business savings
  • $50 minimum deposit to open

 


 

Business Debit Cards

  • Free Mastercard EMV debit card with any OMB business account
  • Reduce costs of purchasing checks
  • Simplify expense tracking
  • Multiple cards can be issued
  • Pre-set employee limits as needed
  • Safer than carrying cash
  • More convenient and safer than checks
  • Make purchases online or in-store virtually anytime, anywhere
  • Easily replaced if lost or stolen

 


 

Debit Card Alerts

  • Free, secure, and easy-to-use service for OMB customers*:
    • Stay on top of your debit card usage
    • Reduce potential for fraud
    • Avoid overdrafts
  • Available as a text or email message
  • Choose from a variety of real-time alerts:
    • Signature alert – sent when you do not use your PIN at the register
    • Add funds alert – sent when a credit is recorded using your debit card
    • Funds removed alert – sent when a debit is recorded using your debit card
    • Card status change alert – helps mitigate risk if a card status changes
    • On-demand balance inquiry – check your account balance 24/7 by texting “BAL” to short code 58084
  • Works on most devices and with most carriers
  • Works with multiple cards

*Standard messaging rates may apply.

 


 

Disclosures and FAQ

Below are electronic copies of the disclosures and FAQs for OMB Alerts. Please feel free to contact us at (906) 635-9910 with any questions you may have regarding this product.

OMB Alerts Terms of Use
OMB Alerts FAQs
OMB Alerts-Basic Facts
Documentation Consent Disclosure

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